Central bankers highlight merits of fixed exchange rate regimes

Daniel Hinge
Tristan Carlyle
22 Oct 2012

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Kemal Kozarić, the governor of the Central Bank of Bosnia and Herzegovina (CBBH) and DeLisle Worrell, the governor of the Central Bank of Barbados, have both stressed the importance of a fixed exchange rate regime in promoting stability in small, open economies (SOEs).

Kozarić, making concluding remarks at a meeting of the Central Bank Governors' Club of the Central Asia, Black Sea Region and Balkan Countries, said a fixed rate is the "optimal model" for achieving low inflation and banking

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